[May 13, 2008] Applied Materials Down 1% Ahead of Earnings After The Close Tweet (Midnight Trader Via Acquire Media NewsEdge) Boston, May 13, 2008 (MidnightTrader via COMTEX News Network) -- Applied Materials Inc. (AMAT) is down 1% ahead of its earnings release after the close of trading today. The semiconductor equipment maker is expected to report a 15.7% decline in 2Q revenue compared with the same quarter last year as chip demand declines. The company is expected to make $0.22 per share according to analysts polled by Thomson Financial on revenue of $2.13 billion. The company made $0.28 per share on $2.53 billion the same time last year. Price: 19.64, Change: -0.17, Percent Change: -0.86 Copyright (C) 2008 MidnightTrader.com. All rights reserved. Unauthorized reproduction is strictly prohibited. [ Back To TMCnet.com's Homepage ]